Page 8 - Restricted Default News Today

Sri Lankas John Keells Holdings, which has interests in container terminals, consumer goods, financial services and property reported profits of 11.2 billion rupees in the June 2022 quarter helped by 10 billion rupees of exchange gains as a soft-peg with the US dollars collapsed.

The rating downgrade relates to external debt obligations.

London-based Fitch Ratings has downgraded Belarus's Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) to 'C' from 'CCC', which points to the imminent default expectations. — Ukrinform.

Fitch Ratings has downgraded the rating of Sri Lankas Bank of Ceylons foreign currency rating to Restricted Default from CC

Fitch Ratings has downgraded Bank of Ceylon's (BOC) Long- and Short-Term Foreign Currency (FC) Issuer Default Ratings (IDRs) to 'RD' (Restricted Default) from 'CC' and 'C', respectively. Fitch has also downgraded the Viability Rating (VR) to 'f' from 'cc', and removed the ratings from Rating Wat

Statement on Sri Lanka Defaulting on Foreign Debt Payments by Eran Wickramaratne M.P., Former State Minister of Finance On 12 April 2022, Sri Lanka suspended repayment on most of the government’s external foreign currency debt, including the International Sovereign Bonds (ISBs) and bilateral debt

NEW YORK (Reuters) - Credit ratings agency Fitch said on Tuesday that if Russia were to make two U.S. dollar bond coupon payments due Wednesday in rou...

Country?s dollar bond coupon is due on Wednesday as foreign assets remain frozen Russia’s payment on two bond coupons due on Wednesd

Currency exchange rates on display at a Moscow bank on March 9, 2022. Photo by Konstantin Zavrazhin/Getty Images Russia using the ruble to pay

Russia has interest payments of $117 million due for two US dollar bonds. Its access to assets has been hurt by sanctions since invading Ukraine.